This report identifies and analyzes alternative models for developing community solar projects in states lacking enabling policies, what we call “opportunity states.”
Background:
-Traditional community solar models rely on third-party ownership and subscription-based benefits delivered through virtual net metering (VNEM).
-Opportunity states often lack the regulatory framework to support these models, hindering community solar development.
Key Findings:
-This report explores three alternative models for opportunity states:
--Community Benefit Funds: Solar energy is converted to cash and distributed to beneficiaries (e.g., low-income energy assistance programs).
--Cooperative Ownership Model: A member-owned cooperative develops and owns the solar project, with members receiving benefits through dividends.
--Project Configuration & Technology: Projects are reconfigured or utilize new technologies to deliver benefits within existing net metering rules (e.g., solutions for multifamily buildings).